Top Five Things To Look For When Hiring An Accountant

Crosby Business And Tax Services Ltd. |

Wealth Management in NorthWest Calgary

Whether you plan on filing taxes or maximizing financial returns for your business, you need to consult a qualified accountant with practical ideas. The financial structures and procedures for companies are complex and time-consuming. With the help of a professional, you spend less time to figure out fund management, revenue growth and expense calculations. Besides, accountants can handle your tax issues, sort out your tax returns, and tax refunds.

Unfortunately, not all accountants are the same. There could be some “let-downs” out there who could hamper your business instead of improving it. To help you pick out the right kind of professional for your needs, here’s a list of the top five things to look for when hiring an accountant.

1. Your accountant must be trustworthy.

For example, when you hire a babysitter you typically make sure they come recommended, you interview them, and that you have a good feeling about them because they will take care of what’s most precious to you. Often when it comes to choosing an accountant not as much effort is put in, it is assumed that because someone is an accountant, they can be trusted immediately with your financial needs. Meet with prospective accountants, ask questions, and make sure they are a good fit for you and your business.

2. Your accountant must help with decisions that impact your future.

The economic landscape is volatile and constantly changing. As a result, there can be risk and opportunity. Your accountant should be there to assist you in those decisions that will have an impact on your future. The accountant must also provide another perspective so you and your management can make more informed decisions.

3. Your accountant’s services must fit your schedule.

Many small businesses are always working, whether it is a store or restaurant that is open late or a house builder who has a limited amount of daylight. You may have the same busy schedule, however, your finances are too important to be put off. At the same time, it can get stressful trying to accommodate everything in your busy day. Having an accountant that is willing to meet on your schedule when you are free can help you focus on the important things happening in your life and business.

4. Note the quality, not the quantity, of your accountant's experience. 

Many years of experience do not make your accountant an expert. The world of taxes is always changing, with the impact of new governments, court decisions, and other influencing factors. It is essential to ask your accountant questions. Also, a bit of research can help you find out how good a finance expert they really are. There are many disciplines in the accounting industry, make sure your accountant has the right experience and knowledge to assist you efficiently.

5. Your accountant must make you feel confident enough to refer them to someone else.

If you are unsure of the level of service or knowledge you are receiving from your accountant, speak to them. The right accountant will play a more prominent role than just your tax preparer. They will help prepare business strategies, assist with financial decisions that will have a long-lasting impact on you and your family. You need to be confident in their skills and ability to service you.

If you’re looking for accounting and tax consultation services across Airdrie, North East, and North West Calgary, reach out to Crosby Business and Tax Services Ltd. We are tax accountants with a wide range of services for personal and corporate professionals. We assist you with tax preparation, planning, and wealth management. The tax approach we use enables us to help you accumulate your pre-tax wealth, grow and preserve your after-tax wealth, and comfortably transition into retirement and beyond.

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